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's response to a hurricane. he was in two weeks after hurricane katrina. are you confident that fema is prepared given the sheer size of this storm, almost a thousand miles in dimer. >> it is a huge storm and the impact will on the storm is so big, it is impacti sever states from dall the way up to maine at the same time. but i am rae very comfortable. we have a great administrator running the organization. he gets it, he's from florida, a good emergency manager. doesn't run around with his hair on fire. so i'm confident they will do a good job. >> on a conference call today n fact, your successor, mr. fugate said the disaster fund at fema has a billion dollars in t more or less. is that enough for this kind of response that will be necessary? >> probably at the end of the day the expenses will be more than that. but yes, it's enough for now. what the president has de, he psident has done a prelandfa declaration of all of the states up the east coast. so that allows the administrator to move supplies in now, move people in now, rescue teams in, and to get ready, work with those emerg
it will be sold for a plot of property on the beach. >> did we learn enough from katrina? it seems that people did evacuate, but we didn't have the same problems post-katrina that we did last time in terms of people getting to safety ahead of the storm. from your observation, do you think that's accurate? >> i think all of our professional forecasters -- boy, did they get the right. a week out, they knew this tropical system was going to explode, the way it did take this left hook into new jersey. it has been katrina-esque. the man holding the camera, dwyane scott, was with me in new orleans overnight for that storm. for weeks thereafter, we've been talking about it nonstop today. we may have to rethink some of our shoreline rules and definitions. we've got governors of three states, christie, malloy, cuomo, those three states are talking about a new shoreline and maybe a new normal. maybe we need our folks at the weather channel to tell us, is this a 200-year storm or the start of 200 years worth of storms like this. >> is there a spirit of rebuilding here? do you hear frit the locals? have you b
expensive than the damage from katrina. we are watching this one very, very closely. just a huge storm sprawling storm at 1,000 miles. >> oh, my goodness. one to watch. thank you. >>> someone in the bay area is now a millionaire. we will tell you where the winning super lotto ticket was sold. >>> it's unbelievable. it's something i definite -- i think this time around, i appreciate it even more because i understand the difficulty of winning. >> that's right. twice in three years. the giants are once again world series champions. we will have a live report coming up. >>> in other news now, prices at pump are continuing to fall. the average cost for a gallon of gas in san jose has fallen to $4.11. this is a 24-cent drop compared to last week. last year, gas was 30 cents lower than right now. >>> today was the day that facebook employee cost finally sell their shares. back in august, the big money with early investors. today was the little guy's turn. as far as sandy, we won't know that for some time. the physical damage is one part of the cost. one-third of americans live in the storm co
with hurricane katrina. here's live in studio with me just moments away. >>> and you know this storm is throwing a big monkey-wrench into the battle for the white house. battleground states are in hurricane sandy's path. which candidate does the storm help or hurt? what if there was a new way to deal with money that focused less on fees and more... on what matters? maybe your bank account is taking too much time and maybe it's costing too much money. introducing bluebird by american express and walmart. your alternative to checking and debit. it's loaded with features, not fees. because we think your money should stay where it belongs. with you. the value you expect. the service you deserve. it feels good to bluebird. get it at your local walmart. >>> this is your prais for breaking coverage of hurricane sandy and the election. we will be carrying this at least until 11:00 p.m. eastern tonight, possibly longer if it warrants, because this storm is forecast to be a monster when it makes landfall. don't go anywhere. a lot of people said they are holed up in hotel rooms and stuck at airports watchi
in and that mindset of dissolving governme government, then when you have katrina and you have the storm we get the kind of response we got then and a lot of people suffering and basically on our own. that is the scary part. all back to the fact that it will get worse and worse over time and more and more heated that you have heard the thought that it is time to act and do something and you can't count on government to save you. i live in new york and they could not help many people. 60 houses burned to the ground because how could you respond in three feet of water? host: are you referring it the fires in brooklyn? >> yes, breezy point. it is too much to be responded to by too few resources and there is no power, there is no pumps. it is just crazy. you say how much trust can you have in government? whether can government do to the extent that you have places inundated. you get the point. if it dealt with in a serious way which neither party is doing, it is a joke. they are a small group of voices who argue to muddy the water when it is clearly in favor of something is going on and you need to
was not sufficient with all the traumas from katrina and manmade traumas, we have not thought about what we need to do to protect ourselves from these natural and unnatural attacks. hopefully this is what this wake-up call will do for us. >> well certainly they won't be leaving major equipment in basements. major mris were down underwater. they were pumping it out and it's all saltwater, which is very destructive. it will be millions of dollars. >> eliot: and saltwater is enormously destructive. that's part of what caused the con ed transformers to blow up. i'm worried about what it will take to rebuild this infrastructure. that makes the case. cost will be vast. >> you can see the gridlock that we're experiencing. if you try to move through manhattan it takes you hours. it shows how dependent we really are on the subway system. we have to get it up and running. our hospitals functioning again. it's a huge challenge. i've never seen the federal state and city government work more more hormonously. and the president just said, i'm telling everyone to get back to them in 15 minutes. i can get ever
remains filled with water and must be pumped out. >> and massive pumps used in hurricane katrina have begun to drain the opportunity el there. kennedy airport will reopen on a restricted basis today but la guardia is still under power and newark doesn't even have power. amtrak could have limited service today. as for the subways, engineers will have to inspect the 600 miles of track once the water is pumped out of there. >>> in sports, the wizards open the regular season with john wall on the bench nursing an injury. the cavs would jump to a 16- point lead. they drop the opener, 94-846789 the home opener is saturday night against the celtics. there goes your 82-0 start for the wizards. >> okay. we still have plenty ahead. >> fox 5 morning news at 4:30 starts now. happy wednesday. it is october 31st. a live look outside right now at the washington monument as people try to recover and get back to some sense of normalcy after what we've been through in the last couple of days with hurricane sandy. i'm sarah simmons. >> i'm wisdom martin. welcome to fox 5 morning news. the federal govern
their lives. >> you remember this back with katrina, the same thing happened where a lot of residents in new orleans had seen a lot of hurricanes before. and they heard this is going to be the storm of century, and nothing ever happened to their houses, and they ignored evacuation orders. you can't -- there's only so much preparation you can do. you can never create a risk-free society. you can't prepare for everything. you know, but one of the things that has to happen in these situations for things to work right is for the government has a part to play, but individuals have a part to play, too. you've got to be working together so when people -- some of these people, obviously, their pain is genuine and totally understandable. but some of these people did, you know, were told to leave and didn't leave. and you understand why they didn't. it makes sense in human terms, but, you know, there is a responsibility that you have for yourself in addition to what the government obviously has for you. and again, if both sides are woaren't working together, that's when things fall apart. >> the perso
fall-out from hurricane katrina sandy. be safe. if you are in the past, midwest, be careful. lock it down. ♪ ♪ >> bret: monster storm sandy leaves 40 dead. millions without power. or transportation. the two presidential campaigns in limbo. this is "special report." ♪ ♪ >> bret: good evening. i'm bret baier. this time, the hype was justified. what was billed as the biggest storm to ever hit the atlantic coast delivered a crippling blow to the northeast. the entire region nearly half the states in the country were affected in some way. new jersey governor chris christie called it "de stating."devastating." beyond anything he thought he'd see. this is as the presidential campaign begin the final week. rick leventhal is on point pleasant beach. good evening, rick. >> reporter: this storm left 8.2 million homes in the dark tonight. including more than 2 million in new jersey and this entire community of point pleasant beach. the destruction here, up and down the new jersey coastline is de stating. the recovery is only just beginning. >> the level of devastation at the jersey sh
katrina. >> yeah, that's one of the problems. >> governor christy said you couldn't even call it a levy. it's just a berm holding back the water, like the bank of a river, and it was breached into it is flooding these three towns with four or five feet of water, so that is not good, but we are taking your calls this morning at 1-800-steph-1-2. going to be talking about hurricane sandy, and the political ramifications of everything going on on the east coast. whether obama is doing a good job handling the situation, governor christy, the mayors of new york and all of those towns, and yeah just getting your thoughts on what is going on on the east coast. so we'll be taking a break here. give us a call 1-800-steph-1-2 the phone number toll free from anywhere. this is the "stephanie miller show," with chris, jim, and jacki. >> on the "stephanie miller show" "stephanie miller show" radio show in suburban america this morning -- >> announcer: it's the "stephanie miller show." ♪ rich, chewy caramel rolled up in smooth milk chocolate. don't forget about that payroll
by the tragedy of hurricane katrina and its aftermath. >> oops. obviously mr. stern meant hurricane sandy. to the highlights and miami opening gets the celtics. lebron and company enjoying the ring. the newest member of the heat ignored by his old teammate garnet. alan did not get mad. he got hot. 19 points. chris bosh whooping with lebron and this would be with authority. 26 for law brn. got testy late. duane wade clothe lined by rondo. a flagrant foul. in game one, animosity. the heat open with a win 120-107. new look lakers nash and howard joining kobe bryant. lakers and mavericks and nash starts the game with a three. his first shot going down for l.a. lakers running the princeton offense and does not work. right here it is a dunk for howard. but this is a bad move for mike brown. he steels it away from nash and lays it in. i speak the french and i like it. inside to curry who has not done anything for a decade. lakers win it 99-91. will he play for the warriors in their opener in phoenix. he did practice today. he is coming back from a variety of injuries. he doesn't sound like jacks
and concerns, those affected by the tragedy of hurricane katrina and its aftermath. >> oops. obviously mr. stern meant hurricane sandy. to the highlights and miami opening gets the celtics. lebron and company enjoying the ring. the newest member of the heat ignored by his old teammate rn
. but i don't think you have a situation like we had with katrina where prices just took off because that's where the refineries were, and a lot of things were shut down during katrina. you don't have that in this situation. i mean, there's ample supply out there. so like the markets reacted today, in an unchanged way, i think that's what you are going to have going forward, and that $85 level in crude seems to be building a bottom here. i know we have come off an awful lot. so i don't -- you know, we're trading right around that area. going forward into the elections, we have other things other than just the storm that's going to affect the price of crude and rbob gasoline. i think gasoline, if we get a spike, i don't think it's necessarily due to the storm. if we get a drop, it isn't due to the storm as well. i think that will cancel each other out. ample supply. liz: stay safe. i assume you will be back on the floor if they open it. thank you very much for joining us. mike mcpartland there in edge water new jersey. we have breaking news on a day where the markets have been closed and a
associated with the storm. point of reference, hurricane katrina, around $80 billion of damage alone with another $80 billion in economic damage in the aftermath of katrina. so 20 right now for damage in new york, plus another 20, 25 economic activity. i think those numbers will go substantially higher when they really find out. >> steve: plus there are so many houses they haven't been able to get to. the barrier islands south on the jersey shore, people haven't been able to get there because they were essentially washed out. >> gretchen: the interesting thing about politics relating to the storms is what is the right move for politicians, especially when we're six days away from a monumental presidential election? remember the scathing interpretation that president bush got with regard to hurricane katrina. so what is the right response? the president has to come and has to survey the situation, so what should mitt romney do? he's our -- can you imagine the discussions going on inside these camps about what is the right tone? what looks correct? >> eric: i hate to do this, but i rem
. this was not an evacuation zone. >> i can relate to your guest there, after hurricane katrina, what that is like to search for relatives. it takes days and days to figure out where folks are and sort it out. if this is search and rescue effort are we assuming people that they are trying to get to and find are okay, that they are alive, not injured, they are in fairly decent condition? >> yeah. the last we talked to executives here, from the county, no fatalities. they felt confident about that. of course until they get in there themselves and see we're not going to have final word. we're keeping fingers crossed. we do have a little bit of cell phone, it's spotty. there is no power. we were speaking to another woman before who said they had jet skis, that they stored for the winter, her husband took it out. he was ferrying people around to dry land, coming back here. people coming in reporting who is left, neighbors that need help. that is helping. daylight's important. as you know, officials here scrambling to do house-to-house searches while they have light because there's no power in the area. >> thank
the economic effects. i think comparing this episode to katrina, which is the analog a lot of people are working with, for the most part i would say on balance, there's a lot of short-term turmoil, a lot of things happening. it's the end of the month. we've already got a lot of other anxiety out there. and it's in the middle of earning season so we'll have some delays. on the other hand, if we look at markets in '05, there was an initial selloff but markets sort of gained traction, especially as people saw past the short-term economic effects and saw the lift coming from the spending. >> no doubt about it, we have end of month positioning, so if you're sitting on positions and you need to get out of those positions for whatever reason, because it's the end of the month, you can't do it. the markets are closed. and so i'm wondering if this is creating a pent-up situation where we see a heavy selloff once markets do resume on wednesday. we're hoping for wednesday. we haven't seen a two-day closing of markets, i don't think ever. >> that's right. >> i think it's possible we could see so
just a few moments ago that this is similar to what we saw during katrina. >> that's right. hard to grasp. >> homes on fire. >> and then you've got homes on fire. you saw it in new orleans with katrina. these just spontaneous explosions involving homes. and unfortunately, you've got all this water, and firefighters and first responders can't get that water -- >> yeah. to use it to put -- >> to put on the fire. it's a dangerous situation for them. and this is exactly what the mayor was trying to warn people about. don't put your first responders in danger. but this is the situation here. we're going to have much more of our continuing coverage of this superstorm. next. cross our t's and dot our i's, we still run into problems. namely, other humans. which is why, at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? 100% new. 100% mmm... wow, that is mmm... it's so mmm you might not believe it's a hundred calori
know, put katrina at one end. that was $100 billion. put irene at another end. that was a $13 billion event. i've seen 30 to 50. it feels, especially after you see that aerial video of what happens on the shores of new jersey, like it may be more along the 30 to 50 range when you talk about total property damage and you talk also about lost business activity. it was down in wall street. >> especially at a time when the economy was -- there was a sense it was starting to slow down again. we haven't had the strongest economy anyway. are we more vulnerable to this? >> i don't want to say there's an up side to this, but you could have a situation where some of the construction and some of the rebuilding happens in the same quarter where you had the business loss, so you have a really net no change to gdp. if there are major construction projects undertaken -- for example, let's say they decide the biggest financial center in the world should not be a foot over sea level, that's a major investment that could have a positive back on gdp. >> that's a great point, steve. as far as the idea th
out. so massive muchs have been brought in used in katrina to train the tunnel. kennedy airport should reopen tomorrow. laguardia is still under water. newark has no power. amtrak could have limited service. for the subways, well, engineers have to walk all 600 miles before the stations begin to slowly reopen. back to you. >> bret: big job. william, thank you. were you or someone you know stranded? let me know on twitter. follow me. @bretbaier. still ahead, if you live in ohio, the politicians will find you. first, while the u.s. still has not interrogate interrogatey suspect known to be in custody in the libya terror attack. years ago, my doctor told me to take a centrum silver multivitamin every day. i told him, sure. can't hurt, right? then i heard this news about a multivitamin study looking at long-term health benefits for men over 50. the one they used in that study... centrum silver. that's what i take. my doctor! he knows his stuff. [ male announcer ] centrum. the most recommended. most preferred. most studied. centrum, always your most complete. ♪ ♪ ♪ [ male announcer ]
. while we are going down the streets, it reminded me of what we experienced in 2005 with katrina. fortunately in this city, no one has died. there are no confirmed injuries. that is the good news. but it certainly looked like new orleans. what also looked like new orleans, when you looked in the windows. what we saw in the windows were children, mothers and fathers, waving at us, in most cases smiling. people on balconies waving at us. why were they smiling? what they've seen is the water receding. that's the good news, it's gone down from yesterday. the reason they can't get out of their homes is because the water not only is four or five feet deep, but there are also believed to be live power lines in the water. so it could be fatal to walk outside your house. spirits seem good but it was sure strange to see people in their windows, stuck in their homes with no power whatsoever, no heat and in some cases not a lot of food or water. we also saw people who seemed a little disoriented and confused and were trying to get out of their homes. in one case i saw two people trying to dr
with katrina, if the federal response is sluggish or looks unprepared for this, that's a worse damage to the president than anything else, and i think that the president has to do this. he's canceled four events in four states over the next two days. right now he's scheduled to go to green bay at the end of the tuesday. we'll see if that happens. probably unlikely. he may start again on wednesday when he's supposed in ohio. >> although to his benefit you could argue in some of the key states, places like new york and new jersey and connecticut, they're very strong governors there who are experienced with this stuff and unlikely to fumble the response. we'll see how that goes. let's bring in congresswoman marcia blackburn, a republican from tennessee. what impact do you think this storm will have to the presidential race? >> i'm not certain that it's going to have any direct impact. i will say that our thoughts and prayers are definitely with everyone and with the elected officials that are dealing with this response, with the emergency responders. i think that one of the things that p
how much money geico has made since the katrina year, how much buffett has made? a fortune. what was that, 2005? >> yeah. >> but i do wonder if you did have trading this morning, what somebody look travelers or berkshire would be trading at. >> but weaved had less hurricanes since 2005 than you would think. >> refinery, do you know anything about the plants around here? >> i don't know the specific plans, but i know that's certainly a risk. about 7% of the nation's refining is done here in new jersey and dwell wear. and they're right in the path. absolutely right in the path. so i would expect to see those guys shut in if they haven't already. which will impact obviously gas prices. >> there was speculation how you could see oil prices drop because no one will be taking supply. >> that's true. absolutely. >> paul, thank you very much. you'll be in-house with us. >> i'm weathering the storm here. >> andrew, i'm not kidding, last week, a sociologist writing for the huffington "post" said if this doesn't get us to completely try to get off all fossil fuels as quickly as we possibly
ring ceremony. >> and their thoughts and concerns, those affected by the tragedy of hurricane katrina and its aftermath. >> oops. obviously mr. stern meant hurricane sandy. to the highlights and miami opening gets the celtics. lebron and company enjoying the ring. the newest member of the heat ignored by his old tea garnet. alan did not get mad. he got hot. 19 points. chris bosh whooping with lebron and this would be with authority. 26 for law brn. got testy late. duane wade clothe lined by rondo. a flagrant foul. in game one, animosity. the heat open with a win 120-107. new look lakers nash and howard joining kobe bryant. lakers and mavericks and nash starts the game with a three. his first shot going down for l.a. lakers running the princeton offense and does not work. right here it is a dunk howard.or howard. but this is a bad move for mike brown. he steels it away from nash and lays it in. i speak the french and i like it. inside to curry who has not done anything for a decade. lakers win it 99-91. will he play for the warriors in their opener in phoenix. he did practice today. he
estimate, between $30 and $50 billion. that is considerably less than hurricane katrina, which reached $120 billion. but fewer people will be tydini out and shopping and we may see another spike in the price of gas because of closed refineries. also, earning reports will come in from companies listing the storm affecting the bottom line. the stock exchange and nasdaq will reopen for business tomorrow morning. so we'll get a chance to see how investors feel about the effects of the storm on our economy and not to mention how they feel about companies like apple and microsoft that made big news. one company that got a boost, netflix. the traffic doubled over the last couple of days on the east coast, as families hunkered down at home streaming movies as the storm hit. one thing to remember about natural disasters. they are often create jobs with so much infrastructure being damaged in the storm. a lot of state and local governments will likely have to put people to work over the next few weeks and months to fix things. raj? >> thank you, scott budman reporting from our news room. in about 20
. >> it was biggest in its size, not its strength. katrina was a stronger hurricane. a lot of them have been stronger storms but not as big. either way, very destructive. we are not selling sandy short at this hour. >> yeah, let's not do this. >> very respectful. good news is conditions are getting better around here. we'll be looking at -- it won't be a bright sunny day but maybe a peek or two of sunshine. we are getting the rain and wind out of here so things will calm down. kids want to go trick or treating later. it will be cool but it shouldn't be raining. >> i think my first graphic is halloween. >> this is all good news considering the last couple of days. >> yeah, this is fantastic. i want to encourage you nobody to come to my neighborhood because we don't have power because that would be pretty scary for the kids. >> i'm a sure they won't be there. >> ghostly clouds, a creepy chill, upper 40s. we should be dry in time for the trick or treaters. during the afternoon, you might catch a little sunshine but with temperatures in the 50s but we'll be falling back into the 40s here by 6:00, 7:00 t
numbers come in and basically in relation to storms like hugo, katrina, irene, you're like, uh-oh. >> gives you an idea how strong it is. wall of water that came up the new jersey coastline and to new york. big push. happier note, and trick or treaters, happy halloween. >> if you're wearing a costume, do you need a coat over it? >> i don't think, but a couple of layers underneath the costume. not bitter cold here. i can remember halloweens past when i was a kid and one or two where it was cold. >> and the rain. that's the worst. >> yeah. the rain and the 40s. so the good news is, we're just -- chilly. i couldn't get it out. >> a creepy chill. >> i was going to use a creepy voice, but it didn't happen. upper 40s for the kids trick or treating. should be dry. that's the best part of the forecast here, as things are gradually improving. doesn't mean we don't have a few rain showers at the moment. we're not quite down with the rain, particularly north and west, towards hagerstown. persistent batch to the south and west, towards culpeper as well. parts of the area not done with the
not as powerful as hurricane katrina, the storm stretches a record 520 miles from its eye. earlier this morning, the national hurricane center said the hurricane's wind speed increased 85 miles per hour with additional strengthening possible. describing it as a rare hybrid superstorm, forecasters say sandy was created by an arctic jet stream wrapping itself around a tropical storm. the storm could cause up to 12 inches of rain and in some areas, as well as up to 3 feet of snowfall in the appalachian mountains. flooding has also expected to be a major problem. the national weather service has warned of record level flooding and life-threatening storm surges in coastal areas. the nuclear regulatory commission has announced it is taking special precautions for the storm. there are at least 16 nuclear reactors located within the path of the storm. six oil refineries are also in the storm's path. while the news media have been covering hurricane sandy around the clock, little attention has been paid to the possible connection between the storm and climate change. scientists have long warned how glob
is unprecedented. talk about losses we may see, going to surpass andrew and could be as high as katrina, somewhere in middle of that. closing the exchange for two days haven't seen since that -- seen that since the blizzard of 1888. for weather purposes. it's being done for safety issues. liz: we're looking at a live picture of the statue of liberty and that of course says it all. this is the new york post cover. it shows of course the statue of liberty with an umbrella and the word closed. new york is for all intense and purposes closed. we are not. very important to point out. we are not. fox business and fox news are going to be going wall to wall coverage. so we will be here for you as long as you have the power on to feed your cable obviously, but nicole, thank you very much. nicole: thanks, liz. of course when they reopen, there will be a lot to watch. liz: uh-huh. we should mention, the bond market will be closed tomorrow. shutting down trading on wall street, can't stress enough this is a huge deal and a huge decision. as nicole mentioned, the last time this happened as it was regarding we
hurricane katrina days, used to run fema when katrina happened. he said this about what the president is doing. my guess is that he wants to gt ahead of it, he doesn't want to be accused of not getting on top of it, paying attention to it or playing politics in the middle of it. he went on to say thabout benghazi. what do you make of this? >> it's interesting coming from someone who has an abysmal record on handling emergencies. where i'm from, my family was evacuated, are happy that the president jumped in and moved quickly in response to this storm. we don't take too much credence from somebody with a record like mr. brown. >> thank you for your time. >> thank you. >> interesting question to have about fema. reporters throwing questions at governor romney yesterday. they were asking him a number of times -- he wouldn't state -- do you think this is problematic for the governor? >> i don't think so at all. first of all, let me just respond to jen. she just blew off the criticism about benghazi. you listen to her saying in a crisis the president hunkered down in the white house, gett
. and if you don't, there's a disaster. let's just look at what happened at hurricane katrina. >> yeah. >> let's look at what happened to hurricane katrina. you know what, though? again this is part of a bigger problem with mitt romney right now and republicans and democrats that are afraid to talk about how you really save this country and tackle the debt. instead, they talked about silly things like cutting fema, cutting big bird or saying we're going to take care of all of our problems by raising some taxes on rich people. instead of talking about saving this country for the next generation. >> and also not being honest about defense. >> and both sides not being honest about defense. >> okay. thank you. >> how's that? >> good. >> i don't define fema as quote big government. >> right. >> i define entitlement programs by their numbers that are going to cripple us as, quote, big government. >> "wall street journal," barack obama -- when the history of this administration is written, maybe someone will note the difference. here is that man who promised a transformative presidency, and it amount
katrina hit and some of the people who were evacuated from new orleans were brought to massachusetts, we gathered them at a military base on cape cod. they thought there are going to houston, by the way. [laughter] and when the airplane said, no, we're going to boston, there were not very happy because it is colder and boston. so the king to give cod. we told our citizens that there were people coming from new orleans who were affected by the hurricane and they might need help. and you know what? there were cars lined up. people dropping of all sorts of goods of all kinds, some things that were temporary like food, but also of tv sets and) it was amazing to see the turn out. it is part of the american way. we have people right now that are having some hard times because of this terrible hurricane and the storm that followed it. and your generosity will make a difference. i want to thank you. we have some work to do. but to make this an enjoyable were sitting, we have asked a great entertainer, randy owen of alabama, to be here. [applause] he is an extraordinary guy. he will probably tell
in lives and economic damage might be less than katrina. i know our insurance analyst has talked about the size of the liability being half, which is good news. and i think there's going to be some affect on auto sales and consumer retail spending. but, again, if those stocks take a dip, that's going to be a pretty big opportunity. because we know when you have to fix a broken window you end up with more spending. overall, this could be a boost to the economy. i think it's going to be viewed as an opportunity. i think we're seeing in some of the premarket activity. >> i never know really whether to believe that or not. i see with insurance companies and i've seen the case made, the broken window case that you eventually have to fix it. net net, replacing things that may have been -- didn't need replacing and using capital to do that, i can't believe that, you know, spending $20 billion on what you didn't have to do before can be net net be good long-term. is that really true? is that the case that economists make? >> well, i think it depends on how much credit is involved. in other wor
officiales to set aside partisan differences. when it's botched as it was in the wake of hurricane katrina. they both graps these principles as they toured the shore. -- >> >> follow today east "washington journal" in the video library at cspan.org. live coverage from doswell virginia on c-span. >> i see there are some really young people and others a little bit older but younger. this election is for you, to make sure you have the same opportunities to catch your dream that we had growing up. [applause] and unlike my opponent who wants to be president obama senator, i want to be virginia's senator. [applause] we are so very fortunate to have here in virginia a governor who is leading a come back in the common wealth of virginia. [applause] we need leaders -- what we did, bob you were in the legislature and so was eric at the time. the democrats controlled the general assembly but we cut taxes and made our streets safer, higher ack demics in our schools and over 3,000 jobs were created in those four years. mitt romney was governor of massachusetts also with a democratic legislature and wha
after hurricane katrina. >> many others have been dispatched from illinois to share what they learned from katrina several years ago. >> reporter: how much water do we need to pump out? >> our estimates at this point in time are 300 to 400 million gallons of water. and it's growing. >> reporter: and even though there's not as much overall as there was in new orleans, he says the job in new york is much more difficult. >> it's not the amount of water that's the problem, it's where it is. >> it's where it is, yeah. >> and where it is is underground in miles and miles of subway and road tunnels. >> some of those tunnels are up to 2 miles long. and the only points into them is at each end. and that requires us to have some pumping capabilities that perhaps reach 1/2 mile to a mile long. >> another problem, the age of the tunnels. new york's subway system is over 100 years old. >> some places we could probably pump out quicker, but we don't want to collapse the tunnel. >> the next challenge, where to pump all that water. >> largely mostly sea water. right now we're working on, it'll get pu
andrew first time, con for hurricane katrina second, and then president obama used it for hurricane isaac to help the people of louisiana and mississippi prepare for isaac just a few months but this is a big deal that the president made this announcement before the hurricane arrived. >> stand by, general. i need to get to boston. he's in boston, coast guard admiral dan abel, he's standing by. because, believe it or not, some people maybe are going to ride out the storm and we want to talk about -- it's going to be a search rescue if people ride out the storm. so admiral, what's the best -- what are people -- what's the best thing people can do to keep safe so you don't have to deal with search and rescue? >> right, don. well, the first thing is folks should already have their boats secured and the waterfront secured and it's time to seek safe haven. at this point if you have got a boat in the water, it's time to lever it where it is and time to go asheer. we've worked with a couple cases this weekend with kayakers trying to enjoy the surf, even a guy on a dingy going out to his mooring bu
numbers to help out this way. i remember in my state of massachusetts when katrina hit, and some of the people who were evacuated from new orleans were brought to massachusetts, we gathered them at a military base on cape cod and they thought they were going to houston, by the way. and when the plane said no, we're going to boston, they weren't all real happy because it's a little colder in boston. they came to cape cod and we told our citizens we've got people coming here from new orleans who have been affected by the hurricane if you would like to help by providing some supplies and goods they might need, come bring them to cape cod. you know what, there were cars lined up, people dropping all sorts of goods of all kinds, some things that were temporary like food but others that were permanent like tv sets and clothes. it was amazing to see the turnout. it's part of the american way. we've got people right now that are having some hard times because of this terrible hurricane and the storm that followed it and your generosity will make a difference. i want to thank you. we've g
president obama and hurricane sandy and president bush and hurricane katrina. that may happen. >> bill: yeah, but i don't think that's going to happen. it's retail politics now. the factor has, i have spoken at the highest levels with the romney campaign and the obama campaign. i said hey, listen, you have got to do an interview with me. it will be a worldwide event. everybody will be watching it. it will be on the internet. you know, this is something you have got to do. they basically say well, that's the word they used that's intriguing. that means he you don't have a chance in hell. intriguing means it is not going to happen. i understand president obama he would have to answer questions about lynn i can't. not -- libya. it's not going to be brian williams here. is he not going to do it because of that i can't understand why mitt romney is not doing it because mitt romney has a story to tell. in my opinion, he has a story to tell. but i think what the strategy is on the romney campaign is to retail it in ohio, virginia, florida, colorado, and nevada real strong and then we have the elect
this. this is staten island. this is a scene reminiscent of the aftermath of katrina. the nypd was called in to rescue people trapped on their rooftops by rising water. this is taped footage. all five adults and one child were saved from their homes as they were -- as they were trying to get away from the water there. all right. wall street, though, is going to open for business today. that's one of our first signs of normalcy after a two-day shutdown. we'll find out what we can expect, get a preview, plus the nick impact of the storm. mayor michael bloomberg will ring the opening bell and we'll bring that to you live. today's are trivia question. who was the last republican ele elected to the senate from the state of new jersey? the first correct answer will get a follow wednesday from us. a picture of hoboken folks this morning. very sobering to see with all the clouds gone, helicopters coming up, we now see the true devastation that is still impacting the state of new jersey. people really love snapshot from progressive, but don't just listen to me. listen to these happy pro
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